Market Value $81,590.00 Payment Amount $735.67 Note Rate 9.750%Sold Rate 9.750%Seller Comments: Newly originated note with full RMLO package from Texas Pride Lending included.

If landscaping is overgrown or unattractive, that should be spruced up.Look at some comparable homes that have sold for top dollar in your neighborhood recently, and check out what the finish package looked like on those properties.

Better to develop the land complete and sell lots / pads or sell the assembled package to a developer? 

* How many sqft of amenities and what will the amenity package look like?

As part of any document package make sure that includes a confession of judgment and a personal guarantee from the Borrower

Financing: while the differences are not dramatic for seasoned sponsors, I would argue residential (primarily referring to large apartments) has more options and at lower rates than commercial products, but then this also kicks over to cap rates that deals are trading.Turnover risk: long term lease means less turnover, but often TI packages are very large in commercial, versus an apartment that anyone will take.Vacancy risks: again, in the current economy, most decent apartments are having not trouble filling vacancy.  

If possible, get a look at a couple of the properties you like and formulate an offer for one or a few as a package. 

Is it better to find individual deals/ small package deal? 

The instructions are right on the package." 

They are going to include an expanded common amenities package to encourage residents to enjoy square footage outside of their apartments with a pickle ball court, theater/lounge. etc.